NOT LISTED FOR SALE

7967 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $4,551,000 - $5,823,000

4 Beds
4.5 Baths
4,754 Sq Ft
$1,110/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $5,990,000 $1,260 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $32,058/month

Highlights

  • 50 Feet of Bay Harbor Waterfront
  • White Water Ocean Views
  • Infinity Pool
  • Phillippi Shores Elementary School Rated A
  • Assigned Boat Slip
  • New Construction

About This Home

As of April 2022

SOLD DATA ONLY

Last Agent to Sell the Property

Mark Coppens

EXP REALTY LLC License #3340198 Listed on: 04/26/2022

EXP REALTY LLC

Last Buyer's Agent

Kaitlin Kuhn

MICHAEL SAUNDERS & COMPANY License #3270112

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,567

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,536 Sq Ft Lot
  • 50 Feet of Bay Harbor Waterfront
  • East Facing Home
  • Masonry wall
  • Child Gate Fence
  • Well Sprinkler System
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,754 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Shelving
  • Crown Molding
  • High Ceiling
  • Gas Fireplace
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • White Water Ocean Views

Kitchen

  • Walk-In Pantry
  • Built-In Convection Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Cooking Island
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Infinity Pool
  • Saltwater Pool

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Dock has access to water
  • Seawall
  • Rip-Rap
  • Assigned Boat Slip
  • Dock made with Composite Material
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Zoned Heating and Cooling System
  • Thermostat
  • 1 Water Well
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by C & S Building Contractors, Inc.
  • Miramar Community
  • Mira Mar Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Assessor Parcel Number 0127100029

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,567

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 4754
  • Lot Size Acres: 0.24
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 6106
  • Lot Size Sq Ft: 10536
  • Number Of Lots: 1
  • Directions to Property: SOLD DATA ONLY
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 514618333
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1259.99
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Tax Year: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Marble, Tile, Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Crown Molding, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 7967
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 441.66
  • Room Count: 13

Exterior Features

  • Direction Faces: East
  • Pool Features: Child Safety Fence, In Ground, Infinity, Salt Water
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor
  • Water Extras: Assigned Boat Slip,Bridges - No Fixed Bridges,Dock - Composite,Dock w/Water Supply,Riprap,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 50
  • Water Frontage Feet Bay Harbor: 50

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Sprinkler Well, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0127100029
  • Additional Parcels: No
  • Fencing: Fenced, Masonry
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 979
  • Zoning Compatible YN: 1

Building Info

  • Builder Name: C & S Building Contractors, Inc.

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 8566.8
  • Tax Block: A
  • Tax Book Number: 202/486
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Mar 15, 2021
Sold by
Vanguard Midnight Pass Road I Llc
Bought by
Schaeffer Scott F and Schaeffer Linda L
Seller's Agent
John Peshkin
COASTON REALTY LLC
Buyer's Agent
Allison Werner
MICHAEL SAUNDERS & COMPANY
List Price
$3,690,000
Sold Price
$3,500,000
Premium/Discount to List
-$190,000
-5.15%
Current Estimated Value
$5,277,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,777,040
Avg. Annual Appreciation
9.44%
Original Mortgage
$2,625,000
Outstanding Balance
$2,355,116
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,921,924
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schaeffer Scott F $3,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaeffer Scott F $2,625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $5,990,000 0.0% $1,260 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $5,990,000 +71.1% $1,260 / Sq Ft
03/15/2021 03/15/21 Sold $3,500,000 -5.1% $736 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
11/10/2020 11/10/20 For Sale $3,690,000 -- $776 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $48,962 $3,705,400 $1,382,000 $2,323,400
2023 $48,962 $4,134,400 $1,485,700 $2,648,700
2022 $41,337 $3,485,800 $1,257,500 $2,228,300
2021 $28,113 $2,341,400 $921,400 $1,420,000
2020 $8,567 $698,300 $668,000 $30,300
2019 $7,273 $581,600 $581,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4533048

Stellar MLS

APN: 0127-10-0029